Group Director, SVP (Private & Commercial Banker)

Flagstar; Florida; On-site; USD 140,000 - 316,000; Full time

Job summary

Flagstar Bank in Palm Beach, FL seeks a Group Director, SVP to lead private and commercial client relationships, serving UHNW clients and firms with up to $50 million in revenue.

The role focuses on delivering tailored banking solutions, risk management, and strong collaboration with product partners to bring Flagstar’s private and commercial capabilities to clients.

The candidate will drive talent management, compliance, and growth within the private and commercial banking teams.

Qualifications

• 10+ years in banking with relationship management and business development.
• Undergraduate degree in Accounting, Economics, Finance, or Business Management preferred.
• Credit training is a plus.

Responsibilities

• Lead new client acquisition in Commercial and UHNW segments.
• Manage top clients, assess needs, and coordinate with product partners.
• Ensure team compliance with risk framework and regulatory requirements.
• Oversee talent management and staff development.

Skills

Relationship management

Leadership

Sales

Financial products

Lending

Cash management

Education

Associate degree

Undergraduate degree (Finance/Economics)

Job description

Position Title

Group Director, SVP (Private & Commercial Banker)

Location

Palm Beach, FL 33480

Job Summary

The Group Director will be responsible for building and maintaining strong client relationships for the Private Bank by providing personalized banking products and services.

Flagstar client facing relationship bankers have a unique opportunity to be a combination of Private Bankers and Commercial Bankers by building relationships with HNW & UHNW clients and families while also having the ability to serve commercial companies with revenues up to $50 Million.

Job Responsibilities

New Client Acquisition

• Leads team in developing opportunities with bank targeted Commercial and High Net Worth prospects through customer referrals, COI referrals, Networking, and other sources. Responsible for ensuring new clients in their respective region fall within the bank’s risk protocol and framework

Client Management

• Regularly meets with top clients to ensure customer satisfaction & understand/assess for incremental needs.
• Determines customers’ financial needs and presents needs-based solutions. Uses independent judgement and discretion to make decisions on customer related matters within one’s authority. Escalates matters to Senior Management that are outside the authority of the role. Effectively partner with key product partners to bring the full strength of Flagstar Commercial & Private Bank to clients and prospects as appropriate
• Responsible for ensuring team members are operating within the bank’s risk protocol and framework.

Risk Management

• Uses independent judgement and discretion to make decisions. Identifies, assesses, monitors, controls, reports, and mitigates risk in accordance with the Risk Governance Framework, in the context of their specific accountabilities.

People Management / Leadership

• Responsible for talent management functions including employment, performance evaluations, staff development/training, disciplinary actions, succession planning and ensuring all staff comply with compliance & 1LoD requirements. Support staff members in new client acquisition, structuring loans, pricing, deepening relationships.

ADDITIONAL ACCOUNTABILITIES

• Performs special projects, and additional duties and responsibilities as required.
• Consistently adheres to regulatory and compliance policies and standards linked to the job as listed and complete required compliance trainings.Accountable to maintain compliance with applicable federal, state and local laws and regulations.

JOB REQUIREMENTS

Required Qualifications

• Education level required: College, Vocational or Associates Degree (2 years or equivalent)
• Minimum experience required: 10+ Years in banking with a focus on relationship management & business development.

Preferred Qualifications

• Education level required: Undergraduate Degree (4 years or equivalent) with a major of Accounting, Economics, Finance, or Business Management.
• Credit Training

Job Competencies

• Strong knowledge of financial products/services, including lending and cash management
• People Leadership, Coaching & Motivation
• Sales & Relationship Management
• Customer Service
• Communications
• Organizational Skills
• Local travel to visit clients and prospects required.
• Ability to make independent decisions balancing risk
• Demonstrates a strong ability to build and maintain effective relationships with stakeholders by communicating clearly, engaging in proactive collaboration, and leveraging cross functional insights. Aligns relationship building efforts with enterprise goals to accelerate performance and drive strategic results.
• Builds trusted client relationships, whether internal or external, by identifying needs and delivering tailored solutions to enhance the overall client experience.
• Fosters or supports a positive work culture and productive work environment, displaying importance of effective relationships with customers and stakeholders.
• Physical demands (ADA): No unusual physical exertion is involved.

Flagstar is an Equal Opportunity Employer - Vets/Disabled

We are committed to providing clear and accurate compensation information in accordance with applicable laws. Actual starting base pay will be determined based on location, experience, and other non-discriminatory factors permitted by law. Total compensation may also include variable incentives, bonuses, commissions, or other awards as outlined in the offer of employment. Flagstar provides teammates access to a variety of benefits including medical, dental, vision, life, and disability insurance, as well as a comprehensive leave program. Please click the following link for detailed information:Benefits | Flagstar Bank

Pay Range

$140,137.50 - $315,524.00